Effective tech startup growth strategies create plans to attract investors, generate profit, weather changes in a fast-paced industry, and protect intellectual property.
Investor relations is a department of a company that strategically manages communication with shareholders and other financial sponsors. Investor relations duties include and are not limited to organizing and running shareholder meetings, press conferences, private meetings with investors, and creating annual reports.
Crowd-funding is a type of project funding that raises small amounts of money from a large quantity of people in order to finance a business venture.
Intellectual property asset review is the process of evaluating the value of a company’s intellectual properties, such as trademarks, trade secrets, copyrights, and patents, and creating a plan to get the most benefit from them.
A trademark is a type of intellectual property consisting of a recognizable symbol, design, word, or expression used to identify and legally distinguish a company or product. Trademarks can protect brand names, logos, and slogans. Trademarks used to identify services are often called service marks.
A non-disclosure agreement (NDA), or confidentiality agreement, is a contract in which the parties agree not to disclose certain information contained in the agreement. The NDA creates a confidential relationship between the parties and, as a result, protects private information, such as a trade secret, and prohibits disclosure to the public.
A non-compete agreement (NCA) is a contract between two or more parties, in which one agrees not to enter into competition with the other. This type of contract is usually used to protect intellectual property from former employees. The intellectual property could include business practices or plans, customer lists, product development, or new technology.
A business entity refers to how the business is structured rather than what it does. Business entity formation is the process of choosing what type of entity will be best for the business and accomplishing the economic and legal steps to form that entity. Business entities include single entrepreneurs, partnerships, corporations, and limited liability companies.
Business succession planning is the process of arranging how and identifying whom business ownership and leadership roles should pass on to. Business succession planning ensures smooth transitions after owners or leaders of the company leave, retire, or pass away.
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